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For sale
  • Listed by: Pacific Sotheby's Int'l Realty • Timothy Carr • Contact: 949-631-9999
    Price cut: $267K (8/15)
    $9,628,000

    500 Harbor Island Dr, Newport Beach, CA 92660

    4beds
    4,440sqft
    : 
    $63,649/mo
    Get pre-qualified
    Single Family Residence
    Built in 1973
    5,000 Square Feet Lot
    $9,200,600 Zestimate®
    $2,168/sqft
    $46/mo HOA

    What's special

    PRICE REDUCED!! Commanding a premier bayfront setting within one of Newport Harbor's most coveted waterfront communities, 500 Harbor Island Drive offers an extraordinary blend of contemporary architecture, refined designer finishes, and effortless indoor-outdoor living. Boasting approximately 53 feet of water frontage and a private 40-foot dock accommodating up to a 55-foot vessel and three vessels total, the property captures the very best of Newport Beach waterfront living. Spanning approximately 4,440 square feet, the residence features four en-suite bedrooms, four-and-one-half bathrooms, and a thoughtfully designed floorplan for both grand entertaining and everyday living. A dramatic double-height entry introduces the home's sophisticated aesthetic, highlighted by a floating staircase with stainless-steel railings, expansive walls of glass, wide-plank wood flooring, and a Tom Dixon statement chandelier. The main living areas are oriented toward the water, creating a seamless connection to the bayfront terrace beyond. Designed for entertaining, the outdoor living space features an in-ground spa, outdoor fireplace, and areas for dining and lounging while overlooking the harbor and passing yachts. The gourmet kitchen serves as the heart of the home, appointed with waterfall-edge onyx countertops, custom cabinetry, Wolf appliances, a built-in Sub-Zero refrigerator, Sub-Zero wine refrigeration, a wet bar, and island seating. Adjacent dining and living spaces open directly to the waterfront and are complemented by a custom Bocci chandelier featuring hand-blown glass. A desirable main-level en-suite bedroom provides flexibility for guests or multigenerational living. Upstairs, the primary suite enjoys harbor views, a private waterfront balcony, wardrobe storage, and a spa-inspired bath with a freestanding soaking tub, walk-in shower, and designer Foscarini lighting. Two additional en-suite bedrooms, a secondary laundry area, and a spacious bonus room with a fireplace and wet bar complete the upper level. Additional amenities include custom built-ins, skylights, Restoration Hardware lighting, specialty tile from Artistic Tile and Tilebar, a Murphy bed, solar-assisted climate control, security and video surveillance, and an attached three-car garage. Residents enjoy close proximity to Balboa Island, Balboa Yacht Club, Newport Beach Yacht Club, Lido Marina Village, Fashion Island, award-winning schools, championship golf, and Newport Beach's coastline.
    203 days
    1,664
    71

    Zillow last checked:

    Listing updated:

    Listed by:

    Timothy Carr DRE #01017277 949-631-9999,

    Pacific Sotheby's Int'l Realty

    Source: CRMLS,MLS#: NP26126679MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Bedroom, Entry/Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Media Room, Pantry, Dining Room
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub, Dual Sinks, Separate Shower, Vanity, Walk-In Shower
      Kitchen
      • Features: Kitchen Island, Utility Sink, Walk-In Pantry
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: 6 Burner Stove, Built-In Range, Double Oven, Gas Cooktop, Microwave, Refrigerator, Range Hood
      • Laundry: Inside, Laundry Room, Upper Level
      Features
      • Breakfast Bar, Built-in Features, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Living Room Deck Attached, Multiple Staircases, Pantry, Recessed Lighting, Bedroom on Main Level, Walk-In Pantry
      • Flooring: Tile, Wood
      • Has fireplace: Yes
      • Fireplace features: Living Room, Primary Bedroom, Recreation Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 4,440 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Garage
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Patio & porch: Deck
      • Exterior features: Boat Slip
      • Pool features: None
      • Has spa: Yes
      • Spa features: In Ground, Private
      • Has view: Yes
      • View description: Harbor, Panoramic, Water
      • Has water view: Yes
      • Water view: Harbor,Water
      • Waterfront features: Bayfront, Dock Access
      Lot
      • Size: 5,000 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 05042138
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Street Lights, Sidewalks, Water Sports
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Promontory Bay Custom (Pbcs)
      HOA
      • Has HOA: Yes
      • Amenities included: Management
      • HOA fee: $550 annually
      • HOA name: Promotory Bay Community Association
      • HOA phone: 949-675-6269
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $2,168/sqft
      • Tax assessed value: $3,542,445
      • Date on market: 6/15/2026
      • Cumulative days on market: 204 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $9,200,600

        $8.74M - $9.66M

        $26,002/mo

        Price history

        DateEventPrice
        8/15/2026Price change$9,628,000-2.7%$2,168/sqft
        Source: CRMLS #NP26126679 Report a problem
        6/15/2026Listed for sale$9,895,000+354.9%$2,229/sqft
        Source: CRMLS #NP26126679 Report a problem
        3/31/1998Sold$2,175,000$490/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $3,542,445 +2%
        2025$36,720 +1.6%$3,472,986 +2%
        2024$36,146 +2.4%$3,404,889 +2%
        2023$35,300 +1.7%$3,338,127 +2%
        2022$34,716 +2%$3,272,674 +2%
        2021$34,048 +1%$3,208,504 +1%
        2020$33,721 $3,175,605 +2%
        2019$33,721 +2.1%$3,113,339 +2%
        2018$33,018 +3.9%$3,052,294 +2%
        2017$31,783 $2,992,446 +2%
        2016$31,783 +2.3%$2,933,771 +1.5%
        2015$31,065 +3.4%$2,889,704 +2%
        2014$30,046 $2,833,099 +0.5%
        2013-- $2,820,295 +2%
        2012-- $2,764,996 +2%
        2011-- $2,710,781 +0.8%
        2010-- $2,690,522 -0.2%
        2009-- $2,696,915 +2%
        2008-- $2,644,035 +2%
        2007-- $2,592,192 +2%
        2006-- $2,541,365 +2%
        2005-- $2,491,535 +2%
        2004-- $2,442,682 +1.9%
        2003-- $2,397,913 +2%
        2002-- $2,350,896 +2%
        2001$23,407 +6.6%$2,304,800 +6%
        2000$21,962 $2,175,000
        Find assessor info on the county website

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92660

        Getting around

        53 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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